• ECB could outline future rate expectations at June meeting
  • APP should end early July or a few weeks earlier
  • Rate hike must not be far behind that
  • Current ECB policy inappropriately easy given high inflation

Müller has entered the conversation. This continues with the more hawkish remarks put out recently by ECB policymakers and he is also one of the more hawkish members to be fair, so it isn't so much so a surprise.